Uni-Trend Technology ( China) Co.Ltd(688628) (688628) announced on the evening of February 10 that the company plans to build an Instrument Industrial Park in Dongguan Songshanhu high tech Industrial Development Zone with Jiayou technology, a wholly-owned subsidiary, as the main project implementation body, and the total investment is expected to be no more than 300 million yuan.
The announcement shows that the project covers an area of 13200.61 square meters and the total construction area is expected to be 46202.13 square meters. The industrial park will be engaged in the R & D and production of medium and high-end testing and measuring instruments, meters and other related products. The land used for the project is limited to industrial purposes. The land area for administrative office and living service facilities shall not exceed 7% of the total land area, and the building area of a single building shall not be less than 3000 square meters.
The company said that at present, the company’s main products have achieved independent R & D, production and sales, accumulated rich technology and development experience, and are in the stage of further development to high-end products. With the continuous development of the company’s business scale, the problem of insufficient R & D space is prominent due to the constraints of the company’s plant area, staffing and other conditions. Through the construction of industrial park project in Songshanhu high tech Development Zone, it can provide the company with the R & D and commissioning environment required for future development and improve the company’s R & D conditions. Through the transformation of technological achievements, the industrialization development is realized, which is in line with the relevant national industrial policies and the overall development direction of the company in the future.
In addition, the construction time of the company’s existing production workshop is long, and the plant area, process layout and production equipment can no longer meet the production needs of some medium and high-end products. Through the construction of this project, introduce more advanced automatic production lines, improve relevant production processes, further improve the production capacity of the company’s medium and high-end instrument products, enrich the company’s medium and high-end product structure, so as to meet the needs of the company’s future business development and market expansion, and then improve the company’s overall core competitiveness.
